>Them not launching in Europe gives the local market a chance to build up its own players
Exactly! This is what is genius about Trumps tariff strategy, as you correctly point out. Blocking Chinese EVs gives a chance to bully up local players.
Exactly! This is what is genius about Trumps tariff strategy, as you correctly point out. Blocking Chinese EVs gives a chance to bully up local players.
They just continued on making bad cars, making no improvements, not adjusting to the new environment, other than begging the government to save them., US steel was the same way. Note the executives at the top of all these companies had no hesitation in blaming their workers on the production line for all their troubles.
The game plan is still not to compete. I sometimes wonder, I should say I believe that no one at Ford or GM at the top even cares about cars. There doesn’t seem to be any love whatsoever. It’s just another MBA at the top making a commodity.
One thing Europe has going for them is that there are a few car companies in Germany and Italy that seem to still care about the joy of driving, of making a good car, although that seems to be disappearing too.